PROFESSIONAL_SERVICESRECOMMENDED

Santa Barbara MTD Board of Directors Meeting Agenda May 2026

Audit Services Contract Recommended for Vasquez & Company LLP

Not to exceed $156,709 for FY 2026–2028; option up to $112,464 for FY 2029–2030; total five-year maximum $269,173Santa Barbara Metro Transit DistVASQUEZ & COMPANY LLPMay 4, 2026

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Description

Santa Barbara MTD staff recommends awarding a multi-year contract to Vasquez & Company LLP for annual financial and compliance audit services for fiscal years 2026 through 2028, with optional extensions through 2030, for a maximum value of $269,173.

Contract Details

Contract Amount

Not to exceed $156,709 for FY 2026–2028; option up to $112,464 for FY 2029–2030; total five-year maximum $269,173

Vendor

VASQUEZ & COMPANY LLP

Agency

Santa Barbara Metro Transit Dist, CA

Contract Type

PROFESSIONAL_SERVICES

Document Date

May 4, 2026

Contract Term

Fiscal years ending June 30, 2026, 2027, and 2028, with option to extend for fiscal years ending June 30, 2029 and 2030

Renewal Date

2030-06-30

Renewal Info

Initial three-year audit engagement with a Board-option to extend for two additional fiscal years; exercising the option would add up to $112,464 to the contract.